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    Property profile & analytics

    1603 Us Hwy 421 Delphi, IN 46923-8725

    • Grocery and convenience stores
    • 5,500 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-3238826
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1603 Us Hwy 421

    Year built
    2019
    Construction
    WOOD
    Lot size
    2.00 lot acres
    Property size
    5,500 SF
    Property type
    Grocery and convenience stores
    APN
    08-06-32-038-039.000-007
    APU
    80632038039000007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Delphi
    County
    Carroll
    State
    Indiana
    Longitude
    -86.6595
    Latitude
    40.5703
    CBSA code
    29200
    CBSA name
    LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $21,479
    $299,400
    $595,500
    $894,900
    -
    $299,400
    $595,500
    $894,900

    Comparable in this City

    • Value Estimation
      $295,000
      2,085 SF

      303 Main St

      CONVENIENCE STORE • 2,085 SF
      303 Main St, Delphi, IN 46923-1437
      View Details
    • Value Estimation
      $305,000
      1,956 SF

      900 Washington St

      CONVENIENCE STORE • 1,956 SF
      900 Washington St, Delphi, IN 46923-1749
      View Details
    • Value Estimation
      $670,000
      14,957 SF

      123 Franklin St

      GROCERY, SUPERMARKET • 14,957 SF
      123 Franklin St, Delphi, IN 46923-1209
      View Details
    • Value Estimation
      $255,000
      3,944 SF

      1245 Commercial Dr

      CONVENIENCE STORE • 3,944 SF
      1245 Commercial Dr, Delphi, IN 46923-0400
      View Details
    • Value Estimation
      $500,000
      3,507 SF

      Main St

      CONVENIENCE STORE • 3,507 SF
      Main St, Delphi, IN 46923
      View Details
    • Value Estimation
      $360,000
      2,240 SF

      223 Main St

      CONVENIENCE STORE • 2,240 SF
      223 Main St, Delphi, IN 46923-1433
      View Details

    Similar Nearby for Sale

    • $335,808
      0.17 Acres

      Delphi Retail Opportunity

      Prime commercial property in Delphi, Indiana's historic downtown.
      215 W Franklin St, Delphi, IN 46923
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    • $3,000,000
      10,722 SF

      Delphi, IN CVS Pharmacy NNN Lease

      High-yield CVS Pharmacy investment. Strong tenant, long lease.
      505 Main St, Delphi, IN 46923
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    • $259,000
      1,344 SF

      Delphi Retail Property - $259,000

      Prime Retail Space & Land, Delphi, IN
      1775 Us 421, Delphi, IN 46923
      View Details
    • $189,900
      0.17 Acres

      Historic Delphi Commercial Building

      Prime Location, 10,000+ sq ft, Huge Potential
      215 Washington St, Delphi, IN 46923
      View Details
    • $179,900
      1,946 SF

      Delphi Triplex Investment Opportunity

      Two-story triplex with three separate apartments, sold as-is.
      317 N Market St, Delphi, IN 46923
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    Similar Nearby for Lease

    • $3,000 /Mo
      2,947 SF

      Delphi Retail/Restaurant Space Available

      Retail or restaurant space with drive-up window and ample parking.
      1022 S Washington St, Delphi, IN 46923
      View Details
    • $4 SF/Yr
      10,944 SF

      Delphi Warehouse Space Available

      10,944 SF warehouse space for lease in Delphi, Indiana.
      1752 W Us Highway 421, Delphi, IN 46923
      View Details
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    Delphi, IN 46923-8725
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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